Stocks in a New Downtrend (ADX) – BKCC, CELL, CLMS, CNVO, DPTR
By Jason Frankel at 17 May, at 02 : 56 AM
Blackrock Kelso Capital Corp. (NASDAQ:BKCC) percentage change dropped -0.62%, to close at $9.65 and its overall traded volume was 510,908.00 shares in the last trading session. BKCC shares were trading within the range of $9.65-$9.75 while its opening price was $9.67. The stock has a 52 week low of $9.21 and 52 week high of $12.97. BKCC’s market capitalization is $704.57M and it has 73.01M outstanding shares.
BlackRock Kelso Capital Corporation (BlackRock Kelso) is an externally-managed, non-diversified closed-end management investment company. The Company’s investment objective is to generate both current income and capital appreciation through its debt and equity investments. It invests primarily in middle-market companies and target investments throughout the capital structure. The term middle-market refers to companies with annual revenues typically between $50 million and $1 billion. Its targeted investment typically ranges between $10 million and $50 million. The Company seeks to invest in companies that operate in a variety of industries and that generate positive cash flows. It provides middle-market companies with flexible financing solutions, including senior and junior secured, unsecured and subordinated debt securities and loans, and equity securities. Its advisor is BlackRock Kelso Capital Advisors LLC.
Brightpoint, Inc. (NASDAQ:CELL) percentage change dropped -3.28%, to close at $8.55 and its overall traded volume was 562,753.00 shares in the last trading session. CELL shares were trading within the range of $8.51-$8.82 while its opening price was $8.77. The stock has a 52 week range of $5.85 – $13.22. At current market price, the market capitalization of the company stands at $583.06M and it has 68.19M outstanding shares.Brightpoint, Inc. provides supply chain solutions to the wireless technology industry. The Company’s primary business is moving wireless devices closer to, or directly into, the hands of mobile subscribers. Its business includes distribution channel management, logistic services, activation services and the sale of prepaid airtime. During the year ended December 31, 2009, the Company handled a total of approximately 83.5 million wireless devices. It handled approximately 64.3 million wireless devices through its logistic services business and approximately 19.2 million through its distribution business. The Company provides customized logistic services, including procurement, inventory management, software loading, kitting and customized packaging, fulfillment, credit services and receivables management, call center and activation services, Website hosting, e-fulfillment solutions, reverse logistics, transportation management and other services within the global wireless industry.
Calamos Asset Management, Inc (NASDAQ:CLMS) percentage change dropped -2.43%, to close at $14.83 and its overall traded volume was 85,907.00 shares in the last trading session. CLMS opened the day at $15.09, it made an intraday low of $14.79 and an intraday high of $15.30. The 52-week range of the stock is $8.45 – $17.41. The market capitalization of the company stands at $298.45M and it has 20.12M outstanding shares.Calamos Asset Management, Inc. (CAM) provides investment advisory services to individuals and institutional investors through open-end funds (the Funds), closed-end funds (the Closed-End Funds), separate accounts, offshore funds and partnerships. CAM operates and controls all of the business and affairs of Calamos Holdings LLC (Holdings). The Company’s clients include institutional and individual clients with long-term investment horizons. The Company makes its range of investment strategies and services available to its clients, directly and through intermediaries, by offering a range of investment products designed to suit their investment needs. The Company markets its investment strategies to its clients through a range of products designed to suit their individual investment needs. During the year ended December 31, 2008, the Company offered four types of investment products that fall into the categories of mutual funds and separate accounts.
Convio, Inc. (NASDAQ:CNVO) percentage change surged 0.00%, to close at $11.35 and its overall traded volume was 98,596.00 shares in the last trading session. CNVO opened at $11.30 and is trading within the range of $11.10-$11.51. The 52-week range of the stock is $6.90 – $13.00. CNVO’s market capitalization is $202.25M and it has 17.82M outstanding shares.
Delta Petroleum Corp. (NASDAQ:DPTR) slid -2.87%, to close at $0.710 and its overall traded volume was 2.40M shares in the last trading session. DPTR opened at $0.73 and is trading within the range of $0.71-$0.73. The stock has a 52 week low of $0.67 and 52 week high of $1.37. At current market price, the market capitalization of the company stands at $203.15M and it has 286.13M outstanding shares.Delta Petroleum Corporation (Delta) is an independent oil and gas company engaged primarily in the exploration for, and the acquisition, development, production, and sale of, natural gas and crude oil. Delta operated in two business segments: acquisition, exploration, development, and production of oil and natural gas properties and related business activities, and contract oil and natural gas drilling operations. The primary areas of activity are in the Rocky Mountain and Gulf Coast Regions with additional unproved exploratory leaseholds in the Columbia River Basin in southeastern Washington, the Hingeline area of Central Utah, and the Haynesville Shale area of Texas, among others. Total oil and gas leasehold is approximately 813,000 acres.
